Estate planning headache for Brits in EU
Some countries will have different IHT rates according to beneficiaries’ relationship with the deceased
Tax & Regulation
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‘End financial relationships with Russia’ urges UK chancellor
FCA says there are ‘significant practical challenges in terms of disposing’ of assets in the country
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‘Dumb’ dashboards put UK pensions overhaul in jeopardy
Steve Webb says that lack of functions could ‘drive people off’
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EU votes to ban golden passports
They ‘provide a back door’ into the union ‘for shady individuals who cannot enter in broad daylight’
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FCA stops pension firm from accepting new business
Restriction will stay in effect until the regulator ‘is satisfied that it can be lifted’
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UK to tackle ‘epidemic’ of paid-for scam adverts
Proposals include harsher penalties for social media influencers
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Zilch recovered from 47% of HMRC tax investigations last year
But it says decision to intervene ‘not solely driven by money’ it may retrieve
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Yet another British Steel IFA firm collapses
Lifeboat scheme is urging eligible clients to claim compensation
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US warns wealth managers of Russian cyberattacks
Financial regulators have echoed those concerns in notices to the public
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FCA blocks 25% of firms from consumer investment space
Some were suspected of attempting to phoenix
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HSBC bans unvaccinated staff in Hong Kong
They will need to have had at least one dose by the end of March 2022
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What does it take to get a UAE golden visa?
Nigel Sillitoe talks to IA about his experience obtaining one